answer quickly please (quiz)

Watkins, Inc. acquires all of the outstanding stock of Glen Corporation on January 1 , 2010. At that date, Glen owns only three assets and has no liabilities: If Watkins pays $450,000 in cash for Glen, and Glen earns $50,000 in net income and pays $20,000 in dividends during 2010 , what amount would be reflected in consolidated net income for 2010 as a result of the acquisition? A. 45500 B. 30000 C. 20000 D. 50000